Microsoft has unveiled Microsoft Office 365. Think of it as an updated version of Microsoft Business Productivity Online Standard Suite (BPOS). This product will include subscription versions(via cloud) of Exchange Server, SharePoint, and Lync. Of course, as the title suggests, the product will also include the full suite of Office webapps.

On the new Microsoft Office 365 Blog, Betsy Frost Webb wrote, “It’s a game changer for Microsoft, and it’s going to be a game changer for businesses of all sizes.” Microsoft’s Kurt DelBene, president of the Office division, said during the webcast this morning, “Just a few years ago our customers were asking us, should they move to the cloud? That conversation has dramatically changed in just a few years. They’re now asking us when should they move to the cloud, and what should they move to the cloud moving forward? So we’re unequivocally at a pivot point in the adoption of cloud services.”

You can find all the details about Office 365 on Microsoft’s website and sign up for the beta (space is limited).